Musk’s xAI to Buy Back $3 Billion of Debt Early in Run-Up to IPO
Elon Musk’s artificial intelligence startup xAI is planning to pay back $3 billion of junk bonds early, according to people with knowledge of the matter and data compiled by Bloomberg.
Political news and analysis
Elon Musk’s artificial intelligence startup xAI is planning to pay back $3 billion of junk bonds early, according to people with knowledge of the matter and data compiled by Bloomberg.
Venezuela sharply increased its oil exports in February, sending roughly twice as many barrels abroad compared with the previous month, when the Trump administration first exerted control of the country’s crude sales.

Read the top stories from Nigeria. The Police Council confirms Disu as the new IG, the FG starts direct oil revenue remittance, and Wike tackles opposition Read More: https://punchng.com/evening-recap-police-council-confirms-disu-as-ig-fg-begins-direct-oil-revenue-remittance-wike-tackles-opposition-other-top-stories/
Lagos State Governor, Babajide Sanwo-Olu, on Monday said his administration is committed to supporting the Pension Transitional Arrangement Directorate (PTAD) to make life meaningful and better for Lagos residents, especially…

A chieftain of the All Progressives Congress, APC, Ayekooto Akindele, says the alleged discovery of wiretapping equipment at the residence of the former governor of Kaduna State, Nasir El-Rufai, shouldn’t be surprising. Reports had indicated that the Independent Corrupt Practices and Other Related Offences Commission, ICPC, recovered suspected wiretapping equipment allegedly capable of intercepting private […] Finding wiretapping equipment in El-Rufai’s house not surprising – Ayekooto
Protests erupt across India after Ayatollah Ali Khamenei is killed in US-Israeli air strikes on Iran.

The FCT Administration has approved over N8bn in funding for security gadgets and waste management services in Abuja districts to enhance safety and sanita Read More: https://punchng.com/fcta-okays-n1bn-for-security-gadgets-n7-3bn-waste-management/

The Nigeria Governors’ Forum endorses direct oil revenue remittance to the Federation Account to enhance fiscal transparency and predictability for all tie Read More: https://punchng.com/ngf-backs-direct-oil-revenue-remittance/

Nigeria’s net forex reserves surged to $34.80 billion in December 2025, a significant jump reflecting policy reforms and investor confidence, says the CBN. Read More: https://punchng.com/forex-reserves-hit-34-8bn-in-december-2025-cbn/

APC’s National Chairman explains how a technology-driven registration system is boosting the party’s electoral edge by improving transparency and mobilizat Read More: https://punchng.com/technology-driven-registration-boosting-apc-electoral-edge-says-national-chair/
Kuni Tyessi in Abuja The Federal Government has injected the sum of N4 billion into 12 faculties of engineering of six federal universities of technology and six conventional universities, thereby
Nigeria’s gross external reserves rose to $50.45 billion as of February 16, 2026, signaling improved external sector stability, Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed.…